trendchaser psar | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Neurus PSAR 1 hour system 71 replies

Neurus Psar Demark System- 5 Min 103 replies

trendchaser ea's 137 replies

exit on psar 25 replies

Looking for a Multi-timeframe PSAR indicator 7 replies

Attachments: trendchaser psar
Exit Attachments

trendchaser psar

  • #61
  • Edited 7:12pm Dec 2, 2007 6:13pm | Edited 7:12pm
Quoting trendchaser
with default settings you can just apply the ea to the charts of the old templates

auto is the psar settings i optimised in the 5 min chart
its never changed
if you wanna set ur own, turn auto off

you must choose your exit, theres nothing internal or hidden

you wont see any comments because the market is closed
Thx for your quick answer

Everything seems solved expect the psar settings.

I used auto , the default is 0.2.
When I applied to USD/CAD in the attached chat, comments shown psar should 0.00088 and 0.008, so I need to change the settings for this pairs, right? Or ea will done it for me since i choose auto?

If yes, how often do I need to change? Should I need to check it everyday?

Thanks gain for your help.
Attached Image
  • #62
  • Dec 3, 2007 12:20am Dec 3, 2007 12:20am
auto settings overides the ea's properties
the settings displayed on the chart are the settings being used

you cannot change them if auto is true

if you wish to change them
turn auto to false


Quoting cashfinder
Thx for your quick answer

Everything seems solved expect the psar settings.

I used auto , the default is 0.2.
When I applied to USD/CAD in the attached chat, comments shown psar should 0.00088 and 0.008, so I need to change the settings for this pairs, right? Or ea will done it for me since i choose auto?

If yes, how often do I need to change? Should I need to check it everyday?

Thanks gain for your help.
  • #63
  • Dec 4, 2007 9:09pm Dec 4, 2007 9:09pm
All pairs works well expect USD/JPY.

From the chart, I short at 110.36. Normal entry = true, single entry = false.

When it comes to a long signal at around 12.25. The order does not stop and reverse. And sell holding my short now.

Please kindly advice if I misunderstand something. Thx.
Attached Image (click to enlarge)
Click to Enlarge Name: new2.JPG Size: 74 KB
  • #64
  • Dec 4, 2007 9:49pm Dec 4, 2007 9:49pm
the psar settings the ea is using does not match the psar on the chart, correct the psar on the chart to see when ea will exit,
ur chart says 0.0002-0.08 is what ea is using


Quoting cashfinder
All pairs works well expect USD/JPY.

From the chart, I short at 110.36. Normal entry = true, single entry = false.

When it comes to a long signal at around 12.25. The order does not stop and reverse. And sell holding my short now.

Please kindly advice if I misunderstand something. Thx.
  • #65
  • Dec 4, 2007 9:55pm Dec 4, 2007 9:55pm
Quoting trendchaser
the psar settings the ea is using does not match the psar on the chart, correct the psar on the chart to see when ea will exit,
ur chart says 0.0002-0.08 is what ea is using
Sorry I am need to MT4.
As I said before I use full auto setting, so no need to set the psar settings, right?
So now, how to correct this?
  • #66
  • Dec 4, 2007 10:40pm Dec 4, 2007 10:40pm
the psar setting in the comment are being used, to see these on the chart you need to edit the indicator to match, then youl see why the trade hasnt closed

the indicator your looking at has incorrect settings


Quoting cashfinder
Sorry I am need to MT4.
As I said before I use full auto setting, so no need to set the psar settings, right?
So now, how to correct this?
  • #67
  • Dec 4, 2007 11:23pm Dec 4, 2007 11:23pm
Quoting trendchaser
the psar setting in the comment are being used, to see these on the chart you need to edit the indicator to match, then youl see why the trade hasnt closed

the indicator your looking at has incorrect settings
It will be great if you can post the profile file. I remember in v3.2 when I load the profile, all the settings is done.
  • #68
  • Dec 5, 2007 12:04pm Dec 5, 2007 12:04pm
Hello Trendchaser,
I've noticed that the latest version of Trendchaser_PSAR closes other open trades on the same currency pair. Is there something I can do to avoid this? I double checked and it will close even manually opened trades. So I don't think this is due to a mix-up on the magic numbers. Suggestions?
Thanks.

LeoM
  • #69
  • Dec 5, 2007 11:43pm Dec 5, 2007 11:43pm
the profile is now on the first post

Quoting cashfinder
It will be great if you can post the profile file. I remember in v3.2 when I load the profile, all the settings is done.
  • #70
  • Dec 6, 2007 7:54pm Dec 6, 2007 7:54pm
im ready to post a system using the psar expert
this is a manually traded system
using the ea as a tool
we all trade diferent, so the outcome will vary

below is my 2 templates
im trading gbp-jpy

open 2 charts
m1 and h1

we look to h1 for main system rules

we look on m1 to scalp in trading direction of h1

since the market is forever changing so is the rules

rule 1: main trend direction
this i decide by looking at the chart
i can manipulate psar settings n ma n envelope in the ea
to go with this

rule2: only enter at ma is the safest
but this means no counter trend trading
so its up to you again

rule 3: managing the exits is where the money is
the ea can make the entries fine
but the exits is our job

rule 4: never trade sober, you just cant think right

rule 5: send me money lol

ok enough rules to break, so on with it

we use psar or best instinct as trend direction

we use the yellow ma and the envelopes to get rich
we also get greedy n just close trades
because there in profit
no other reason needed lol

oh yeah theres a osma indicator on bottom
i dont realy use it but it looks good, it lags

this system has made me great pips in the last 10 minutes
so im going live

haha, well truth is its new
i did open a $200 sub account though

my posts will be of a real account


heres my current chart, system says short
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 57 KB
  • #71
  • Dec 6, 2007 8:15pm Dec 6, 2007 8:15pm
well i know i didnt say enough
and i 4got the templates

ok im going short because price has hit resistance at the ma
theres no guarantee but i think probability is in my favour

if i happen to be wrong then this thread will convert to(how to recover from a hedge)

my plan is to show you how you can use this ea for variouse stuff

i have 3 systems now that i use this ea on

its combinations make it very useful
Attached File(s)
File Type: tpl trendchaser psar h1.tpl   3 KB | 576 downloads
File Type: tpl trendchaser psar m1.tpl   1 KB | 519 downloads
  • #72
  • Dec 6, 2007 8:25pm Dec 6, 2007 8:25pm
current expectations
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 27 KB
  • #73
  • Dec 6, 2007 8:45pm Dec 6, 2007 8:45pm
actually this is what iv been praying for
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 27 KB
  • #74
  • Dec 6, 2007 9:15pm Dec 6, 2007 9:15pm
Quoting trendchaser
i

rule 4: never trade sober, you just cant think right
LOL ! Never trade sober???

Just how much do I need to drink before trading ??

  • #75
  • Dec 7, 2007 1:09am Dec 7, 2007 1:09am
thats a hard question?
usually enough till you use one eye

Quoting orion70
LOL ! Never trade sober???

Just how much do I need to drink before trading ??

  • #76
  • Dec 10, 2007 7:00am Dec 10, 2007 7:00am
Hi Trendchaser,
I just happened to stumble across your thread always looking for a better ea than the ones i have got already. I read it and thought yeah right like you do, but I always give new ea idea a chance so i downloaded it and set it up on my mt4. This was on 5-12-2007 at 13:01 to be precise. i placed a $50.000 demo account with IBFX and started it without changing any setting or uploading any profiles. So I just left it to run 24/7 without any manual intervention.

I returned to my computer on the late afternoon of 7-12-2007 just to see how it was going. Well I spent about half an hour looking for my eyeballs after they jumped out of my head after what they saw. After i put my eyeballs back i thought this a dream and said I would check it on Monday just make sure. Well i had covered my eyes this time to stop them jumping out.

So I had to show you Trendchaser the results since 5-12-2007 at 13:01.
The system is so simple and to date work great. Enough of me going on, here are the results and keep up the great great work.

Regards
JTH


yeah you are seeing right!
Attached File(s)
File Type: zip trendchaser psar forward test.zip   9 KB | 666 downloads
  • #77
  • Dec 10, 2007 2:29pm Dec 10, 2007 2:29pm
That is an amazing statement. I attached it to a chart this morning, but so far no trades. I didn't change anything, but after a few hours I read trendchaser's first post and he said to change a couple of things. I did and another couple of hours later, still no trades.

What time frame are you using to get those results?

hmmmmmmmmmm....not sure what I'm doing wrong.

Quoting jth
Hi Trendchaser,
I just happened to stumble across your thread always looking for a better ea than the ones i have got already. I read it and thought yeah right like you do, but I always give new ea idea a chance so i downloaded it and set it up on my mt4. This was on 5-12-2007 at 13:01 to be precise. i placed a $50.000 demo account with IBFX and started it without changing any setting or uploading any profiles. So I just left it to run 24/7 without any manual intervention.

I returned to my computer on the late afternoon of 7-12-2007 just to see how it was going. Well I spent about half an hour looking for my eyeballs after they jumped out of my head after what they saw. After i put my eyeballs back i thought this a dream and said I would check it on Monday just make sure. Well i had covered my eyes this time to stop them jumping out.

So I had to show you Trendchaser the results since 5-12-2007 at 13:01.
The system is so simple and to date work great. Enough of me going on, here are the results and keep up the great great work.

Regards
JTH


yeah you are seeing right!
  • #78
  • Dec 10, 2007 3:19pm Dec 10, 2007 3:19pm
Update:

I got my first trade a few minutes ago.

Quoting Eureka
That is an amazing statement. I attached it to a chart this morning, but so far no trades. I didn't change anything, but after a few hours I read trendchaser's first post and he said to change a couple of things. I did and another couple of hours later, still no trades.

What time frame are you using to get those results?

hmmmmmmmmmm....not sure what I'm doing wrong.
  • #79
  • Dec 10, 2007 4:59pm Dec 10, 2007 4:59pm
Quoting Eureka
Update:

I got my first trade a few minutes ago.
Hi Eureka,
I use tf 15min, i am also trying it with a $500 mini account with the same time frame. I started this on 7-12-2007 at 05:49 gmt not bad for a day and a half. But we will see over next two to three weeks. See where it goes from there.
Regards
JTH
Attached File(s)
File Type: zip trendchaser psar forward test mini acc.zip   7 KB | 525 downloads
  • #80
  • Dec 10, 2007 5:08pm Dec 10, 2007 5:08pm
Thanks.

Did you make the changes that trendchaser suggested in the first post?

drag ea to chart
set auto false
set psar to 0.02
wait till you have a trade and then set to normal entry


Quoting jth
Hi Eureka,
I use tf 15min, i am also trying it with a $500 mini account with the same time frame. I started this on 7-12-2007 at 05:49 gmt not bad for a day and a half. But we will see over next two to three weeks. See where it goes from there.
Regards
JTH
0 traders viewing now